Euro Zone Debt-to-GDP Ratio Declines, but Concerns Remain
The aggregate debt-to-GDP ratio in the Eurozone improved in 2023, declining to 88.6% from 90.8% the previous year, per data released by Eurostat. This marks a step towards pre-pandemic levels, when the ratio stood at 84% in 2019.
However, the ratio remains significantly higher than its historical norm